Meaning & use

business practices

noun·Academic

Last updated

UK/ˈbɪznəs ˌpræktɪsɪz/
US/ˈbɪznəs ˌpræktɪsɪz/

Meanings

  1. nounplural

    The usual ways that companies do business, especially relating to ethics and fairness.

    Grammar: Plural noun; takes a plural verb: 'Business practices vary.' For one method, use 'business practice'.

    Patterns

    • fair business practices
    • unfair business practices
    • business practices in a country
    • change business practices

    The report criticized the company's business practices.

    New laws aim to make business practices fairer.

    Consumers are increasingly concerned about ethical business practices.

  2. nounplural

    The standard methods and procedures used in a particular industry or company.

    Grammar: Plural noun; often followed by 'in' or 'of'.

    Patterns

    • business practices in an industry
    • standard business practices
    • adopt business practices

    The firm adopted modern business practices.

    Business practices in the tech sector change quickly.

    They studied the business practices of successful startups.

Word forms

singularbusiness practice

Common combinations

fair business practices
The company is known for its fair business practices.
unfair business practices
The regulator investigated unfair business practices.
ethical business practices
Ethical business practices can attract loyal customers.
standard business practices
This is in line with standard business practices.

Synonyms and how they differ

business methods
More neutral and general; 'business practices' often implies an ethical judgment.
commercial practices
Similar but more formal and often used in legal contexts.

Word family

business practice noun
A single method or way of doing business.

Commonly confused: business practices or business practice?

business practices vs business practice

Singular refers to one method; plural refers to the general ways a company operates.

Practice

The company was fined for unfair business ___.

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